Submission of NON APPLICABILITY CERTIFICATE for Reg 23(9) of SEBI (LODR) Regulation 2015 for the qtr/year ended on 31.03.2026
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Octal Credit Capital Ltd has submitted a non-applicability certificate to BSE, stating that Regulation 23(9) of SEBI (LODR) Regulations 2015 does not apply to the company for the quarter/year ended 31 March 2026. The company cites Regulation 15(2) as the basis for this exemption. Under this regulation, corporate governance provisions including Regulation 23(9) are waived for listed entities with paid-up equity share capital not exceeding Rs 10 crore and net worth not exceeding Rs 25 crore. The company states it falls within this threshold, confirming the exemption applies. The certificate is signed by Sweety Nahata, Company Secretary & Compliance Officer, dated 29 May 2026. A copy has also been sent to the Calcutta Stock Exchange.
No shareholder impact — this is a routine compliance filing confirming the company qualifies for an exemption from certain SEBI governance disclosure requirements due to its small size. It is not a cause for concern.